Ways to pay your mortgage

Your home may be repossessed if you do not keep up repayments on your mortgage.

There are several different ways to pay your monthly mortgage payments or to make a contribution to any outstanding arrears that may have accrued.

If your payment is not received in the month it is due, this could lead to a monthly arrears charge of £30 being debited to your account and your credit rating being affected.

If you pay by Direct Debit or Internal Transfer (paying your monthly mortgage payment from a Skipton savings account) then you may receive 0.25% discount on your mortgage interest rate. If you pay by any other method the discount will not apply.

Phone

You can make debit card payments by calling Skipton Direct on 0345 850 1711. Please note that we do not accept credit card payments.

Direct Debit

If you pay Direct Debit you may be eligible for a 0.25% discount on your mortgage interest rate (terms and conditions apply - please ask us for further details). If the Direct Debit is subsequently cancelled, the discount will be removed.

How to set up a Direct Debit

Online

You can complete our Direct Debit Mandate form online. Once we receive it, we'll set up the Direct Debit and let you know when it's done.

Direct Debit Mandate

Call us

You can set-up a Direct Debit over the phone by calling our Credit Management team on 0345 850 1766.

Post

Download the Direct Debit mandate PDF and return to the address within the form.

Direct Debit Mandate [PDF]

Payment dates

Payment dates available are the 1st, 10th, 12th, 15th, 20th and the last working day of the month. All payments set up for the 1st of the month will be collected on the third working day. Customers with a payment date after the 1st of the month may incur additional daily interest.

Internal Transfer

An Internal Transfer enables you to pay your monthly mortgage payment from your Skipton savings account. A transfer is made automatically from the savings account and is set up following a request from you either via telephone by calling 0345 850 1766 or in writing to the below address. if you are requesting this in writing then please include the Skipton savings account number you wish to pay from, your Skipton mortgage account number and ensure the letter is signed.

Credit Management Department
Principle Office
Skipton Building Society
The Bailey
Skipton
North Yorkshire
BD23 1DN

Internal Transfers can be set up to collect on any day in the month up to the 26th of the month. You may receive 0.25% discount on your mortgage interest rate for paying by internal transfer (terms and conditions apply – please ask us for further details) NOTE: Internal Transfers CANNOT be made from a Skipton savings account where withdrawals are not allowed or where you are not a named customer on the account unless you hold POA.

Electronic Payments

Payments can also be made using internet banking or by requesting your bank to make the payment. For electronic payments please use our bank details below:

Account number: 70798924
Sort code: 20-78-91
Reference number: Your nine digit mortgage account number

Please be aware that payments can take up to two business days to show on your mortgage account, after we have received them. Faster payments will normally be received by us no later than the next working day. For example, a payment initiated on a Monday will normally be received by us no later than close of business on the Tuesday. A payment initiated after the cut-off point on a Friday will normally be received on the following Monday.

Cheque

If you are sending a cheque to cover your monthly payments, please address it to:

The Credit Management Department
Principal Office
Skipton Building Society
The Bailey
Skipton
North Yorkshire
BD23 1DN.

Please quote your mortgage account number on the back of the cheque.

In branch

You can also make mortgage payments at your local branch, over the counter using cash (a paying in book can be ordered from the Credit Management Team by calling 0345 850 1766), debit card or cheque.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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